[Chart courtesy of MarketWatch.com] 1. Moving the Markets A hazy batch of earnings reports were the culprit for the small losses on Wall Street today. The Dow ended the day down a scant 14 points after bouncing in and out of negative territory. IBM (IBM), which is the Dow’s largest component, dragged the index down after weak hardware sales and …
Equities Gain Slightly In Anticipation Of Earnings Week
[Chart courtesy of MarketWatch.com] 1. Moving the Markets The Dow and S&P 500 just barely managed gains, as investors await a big week of earnings reports and reacted to data out of China showing GDP growth below 7%. The good news…after suffering its first 10% correction this summer, the Dow has rebounded in recent weeks. The blue-chip index has finished …
ETFs/Mutual Funds On The Cutline – Updated Through 10/16/2015
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 381 ETFs, of which currently 69 (last week 41) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Will China’s Growth Cross 7 Percent Again?
Another market sell-off depends on the Fed’s next move, because the current situation very strongly echoes the conditions of 1998, said Jonathan Wilmot, head of macro investments at Credit Suisse Asset Management. Former Fed chairman Alan Greenspan had said America was an island of prosperity in a sea of difficulty and that’s applicable right now. The Federal Reserve better wait …
New ETFs On The Block: EgShares EM Core Ex-China ETF (XCEM)
With China continuing to weigh on investor sentiment across the world, Emerging Global Advisors—the NY-based specialist provider of emerging markets exchange-traded funds, recently launched an EM-focused fund that eliminates the China-factor from investing. With Chinese equity markets bottoming out and the massive economic rebalancing nearly over, most investors expect China to return to growth by the second-half of next year. …
ETF/No Load Fund Tracker Newsletter For October 16, 2015
ETF/No Load Fund Tracker StatSheet ————————————————————- THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS: https://theetfbully.com/2015/10/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-10152015/ ———————————————————— Market Commentary STOCKS CONTINUE MOVING HIGHER ON BULLISH CORPORATE EARNINGS [Chart courtesy of MarketWatch.com] 1. Moving the Markets Stocks ended moderately higher Friday as the post-correction rally rolled on amid signs U.S. companies will top low third-quarter earnings estimates and the growing belief …